MEDIA UPDATE (DECEMBER 10, 2022)

Sarkaritel
By Sarkaritel December 9, 2022 20:22


10-Dec-2022

Power

” New Delhi : NTPC’s CMD Shri Gurdeep Singh has been awarded CEO of the Year at the S&P Platts Global Awards. The CEO of the Year demonstrates the ability to sustain their sector amid universal headwinds while undeniably supporting the employees who propel their organization into the future.” : Sarkaritel.com

” New Delhi : Santosh Kumar, Indian Forest Service (IFS) has joined as Chief Vigilance Officer (CVO), NHPC. Prior to joining NHPC, Santosh Kumar holding the post of Additional Principal Chief Conservator of Forests (APCCF), Chief Wildlife Warden, Goa and MD, Goa Forest Development Corporation.” : Sarkaritel.com

” New Delhi : Power Grid Corporation of India Limited, an Indian central public sector undertaking (CPSE) under the ownership of Ministry of Power, Government of India (PowerGrid) has been awarded with the prestigious 2022 Platts Global Energy Awards in the Corporate Impact Award – Critical Response category.” : psuconnect.in

” New Delhi : R.P. Goyal, Director (Finance), NHPC and DevenderGulia, District Sports&Youth Programme Officer, Haryana awarding the BBMB team for Best Team (Men’s) at 12th Inter CPSU Athletics tournament hosted by NHPC from 8th to 9th December 2022 at Haryana State Sports Complex, Faridabad.” : Sarkaritel.com

Greenko Group emerges lowest bidder for NTPC’s 300 MWh energy storage tender

New Delhi : Hyderabad-based Greenko Group has emerged as the lowest bidder in the world’s first and largest technology agnostic storage tender from NTPC Renewable Energy Limited (NTPC REL), the renewable arm of NTPC Limited. Greenko is backed by GIC Holdings Pte Ltd, Abu Dhabi Investment Authority and Japan’s ORIX Corp. : Economic Times

POWERGRID wins Corporate Impact Award at Platts Global Energy Awards

New Delhi : Power Grid Corporation of India Ltd. (POWERGRID), a Maharatna CPSU under Ministry of Power, has been awarded with the prestigious Corporate Impact Award in the Critical Response category at the 2022 Platts Global Energy Awards. : Sarkaritel.com

NTPC CMD, Gurdeep Singh bagged the title of ‘CEO of the year’

New Delhi : Chairman and Managing Director of India’s largest Power Producer NTPC Limited, Shri Gurdeep Singh wins the title of “CEO of the year” at Platts Global Energy Awards. : psuconnect.in

India November thermal coal imports at 10 month-low as local output soars

Kolkata : India’s thermal coal imports fell to the lowest levels in 10 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production. : Economic Times

US utilities to triple battery storage capacity by 2025: EIA

New Delhi : Power utilities in the United States could triple their battery storage capacity in the coming three years, as new projects grow bigger while wind and solar capacity expand, the US Energy Information Administration (EIA) said on Thursday. : Economic Times

Four 1000 MW units of Kudankulam N-plant will be completed by 2027: Minister Jitendra Singh

New Delhi : Kudankulam nuclear power plant’s Units 1 and 2 of 1000 MW capacity each are already in operation and the remaining four units of same capacity are under construction, minister of department of atomic energy Jitendra Singh informed the Rajya Sabha on Thursday. : Economic Times

TotalEnergies may buy green power from Fortescue in Papua New Guinea: regulator

Sydney : Fortescue Future Industries is in talks with TotalEnergies to supply power to the fossil fuel company’s Papua LNG project from a series of proposed renewable energy projects that a senior official says recently completed feasibility assessments. : Economic Times

Siemens, others call for only zero-emission freight trucks to be sold in EU by 2035

New Delhi : More than 40 manufacturers, shippers and industry groups including Siemens, Maersk and Unilever called on the EU on Thursday to mandate that all freight trucks be zero-emission models by 2035. : Economic Times

Ruias offer one-time settlement deal for Essar Power Gujarat

New Delhi : The Ruias are in talks with lenders to save their utility company Essar Power Gujarat (EPG) from bankruptcy proceedings by offering a one-time settlement (OTS) which could be implemented by the end of this fiscal year. : Economic Times

Government extends Rooftop Solar Programme till March 2026

New Delhi : The government on Thursday asked consumers not to pay any additional charge for solar installations as the ‘Rooftop Solar Programme’ has been extended till March 31, 2026. : Economic Times

How do floating wind turbines work? With 5 companies winning the first US leases to build wind farms off California’s coast, let’s take a look

New Delhi : Northern California has some of the strongest offshore winds in the US, with immense potential to produce clean energy. But it also has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible. : Economic Times

Korean firms plan $4 billion-plus battery plant in Georgia

New Delhi : Hyundai Motor Group and a South Korean battery maker say they will jointly invest $4 billion to $5 billion in Georgia to build a new plant northwest of Atlanta that would supply electric batteries for Hyundai and Kia electric vehicles assembled in the United States. : Economic Times

CERC Upholds Solar Developer’s Compensation Claims Under Change in Law Due to GST

New Delhi : CERC Upholds Solar Developer’s Compensation Claims Under Change in Law Due to GST. : mercomindia.com

US Battery Utility-Scale Storage Capacity to Reach 30 GW by 2025

New Delhi : US Battery Utility-Scale Storage Capacity to Reach 30 GW by 2025. : mercomindia.com

Researchers Claim Paper-Thin Solar Cell Can Turn Any Surface into Power Source

New Delhi : Researchers Claim Paper-Thin Solar Cell Can Turn Any Surface into Power Source. : mercomindia.com

Germany Sees Waning Interest in Recent Tender For 609 MW of Solar Projects

New Delhi : Germany Sees Waning Interest in Recent Tender For 609 MW of Solar Projects. : saurenergy.com

Security arrangements in place to secure India’s nuclear power plant systems from cyber-attack: Jitendra Singh

New Delhi : Security arrangements are in place to secure India’s nuclear power plant systems from cyber-attack, said Union Minister of State for Science and Technology Jitendra Singh on Thursday. : Economic Times

Energy Solns Provider Invenergy Secures Offshore Wind Lease Off California Coast

New Delhi : Energy Solns Provider Invenergy Secures Offshore Wind Lease Off California Coast. : saurenergy.com

IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa

New Delhi : IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa. : saurenergy.com

Siemens Emerges Lowest Bidder For 1,200 E-Locomotives Worth Rs 20,000 Crore

New Delhi : Siemens Emerges Lowest Bidder For 1,200 E-Locomotives Worth Rs 20,000 Crore. : saurenergy.com

EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK

New Delhi : EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK. : saurenergy.com

Govt cautions against additional payment to vendors under Rooftop Solar scheme

New Delhi : The new and renewable energy ministry on Thursday clarified that no charges to be paid to any vendor or distribution company for receiving subsidy and subsidy will be credited directly into the bank account of the beneficiary by the Ministry. : Mint

Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs

New Delhi : Shares of Kalpataru Power Transmission (KPTL) rallied nearly 9 per cent to an intra-day high of Rs 566 per share on the BSE on Friday as the company’s board approved a fund raise plan. : Business Standard

Transmission Plan will pave the way for adding required generation capacity: RK Singh

New Delhi : Minister for Power and New & Renewable Energy, Shri R K Singh in his address at the launch of the transmission plan in New Delhi on 7 December said, “The plan we are launching today is in line with our commitments and it will also pave the way for adding the required generation capacity.” : psuconnect.in

Kerala to Run 100% On Renewable Energy by 2040, Says Chief Minister Vijayan

New Delhi : Kerala to Run 100% On Renewable Energy by 2040, Says Chief Minister Vijayan. : saurenergy.com

CERC Orders MPPMCL & DMRC to Compensate ACME Solar

New Delhi : CERC Orders MPPMCL & DMRC to Compensate ACME Solar. : saurenergy.com

Tata Power-DDL Wins Innovation with Impact Award at ICC Energy Summit

New Delhi : Tata Power-DDL Wins Innovation with Impact Award at ICC Energy Summit. : saurenergy.com

IIT Madras, Deakin University to Launch Australia-India Centre for Energy (AICE)

New Delhi : IIT Madras, Deakin University to Launch Australia-India Centre for Energy (AICE). : saurenergy.com

China-Based Growatt Unveils Inverter Series, Power Solns at Intersolar Expo, Ahmedabad

New Delhi : China-Based Growatt Unveils Inverter Series, Power Solns at Intersolar Expo, Ahmedabad. : saurenergy.com

Daily News Wrap-Up: Indian Railways Aims Net-Zero Carbon Emissions by 2030

New Delhi : Daily News Wrap-Up: Indian Railways Aims Net-Zero Carbon Emissions by 2030. : mercomindia.com

Punjab CM urges Union Power Minister RK Singh to allow 100% supply of coal to state via rail

Chandigarh : The Aam Aadmi Party that came to power in Punjab by raking up the issue of PPAs with the private thermal power plant has one of the key issues in Punjab, has now taken a different stance which appears to be in favour of the private thermal plants. : ptcnews.tv

Govt extends Rooftop Solar Programme till March 2026

New Delhi : The Rooftop Solar Programme has been extended till 31.03.2026 and therefore, subsidy under the programme will be available until the target under the Programme is achieved. : psuconnect.in

Four units of 1000 MW of Kudankulam Nuclear Plant to be completed by 2027: Jitendra Singh

New Delhi : Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said. : psuconnect.in

Winter Session of Parliament: Govt says nine of 21 approved greenfield airports operationalised

New Delhi : The Ministry of Civil Aviation accorded ‘in-principal’ approval for the setting up of 21 greenfield airports of which 9 have been operationalised, Minister of State for Civil Aviation General VK Singh (Retd) on 8 December. : Mint

Greenko places lowest bid for energy storage tender by NTPC

New Delhi : GIC Holdings Pte Ltd, Abu Dhabi Investment Authority and Japan’s ORIX Corp. backed Greenko Group said it has placed the lowest bid for the world’s first and largest technology agnostic energy storage tender floated by power producer NTPC Ltd. : Mint

India’s G-20 presidency and its energy commitment: A perspective

New Delhi : With India assuming the G-20 presidency from 1 December 2022, it is a crucial opportunity for India for showcasing on the platform its commitment towards the numerous international pledges that it has taken in various fora. : Economic Times


Oil and Gas

” New Delhi : GAIL (India) Limited has won the ‘Energy Transition – Midstream Company’ award at the prestigious Platts Global Energy Award 2022, emerging victorious among several international energy companies who were vying for the recognition.” : Sarkaritel.com

EIL Bagged second prize in World Petroleum Technology Conference

New Delhi : Team EIL bagged second prize in World Petroleum Technology Conference at Vigyan Bhavan on December 9, 2022 for a Digital poster on Earthquake Warning System. Mr Anindyo Ray presented the poster at the conference. : psuconnect.in

Oil bounces on pipeline shutdown, but heads for weekly loss on demand woes

New Delhi : Oil prices bounced higher on Friday as closure of a major Canada-to-US crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth. : Economic Times

ETEnergyworld successfully concludes mega event Annual Gas Conclave & Awards

New Delhi : The ETEnergyworld Annual Gas Conclave, the premium industry event in the Oil & Gas sector, successfully concluded with participation from around 300 top leaders of the domestic and the global industry including officials from the ministry, PSUs, state utilities, private sector CEOs, financing agencies, and researchers, among others. : Economic Times

Totalenergies pulls out of Russia’s Novatek with $3.7 bln write-down

Paris, France : French oil giant TotalEnergies, one of the last Western holdouts in Russia after the war in Ukraine, said it was withdrawing its two members from Novatek’s board and would take a $3.7 billion hit to write off the value of its stake in the Russian group. : Economic Times

Russia in for economic shock with price cap on crude at $60 per barrel & EU’s oil embargo

Washington : Russias Central Bank has warned the country is awaiting “new economic shocks” with the price cap on crude at $60 per barrel and EU’s oil embargo, which can significantly reduce economic activity in the near future. : Economic Times

Barcelona-Marseille hydrogen pipeline to cost around 2 bln euros: sources

New Delhi : An underwater pipeline to carry green hydrogen between Barcelona and Marseille will cost around 2 billion euros ($2.1 billion), according to preliminary estimates of the project agreed between Spain, Portugal and France, two sources told Reuters. : Economic Times

15 oil vessels blocked at Turkish Straits amid EU sanctions on Russian oil

New Delhi : Fifteen oil tankers were banned from passing through the Turkish Straits due to a lack of proper insurance amid the European sanctions on Russian oil, Turkey’s maritime authority said. : Economic Times

Iranian Prez says US acknowledges failure to stop Iran’s oil exports

Tehran : Iranian President Ebrahim Raisi has said that the US anger at Iran is due to the fact that Washington has failed to stop Iran’s oil exports through sanctions, reported the official news agency IRNA. : Economic Times

Bill to promote use of non-fossil fuels introduced in Rajya Sabha

New Delhi : A bill that seeks to promote the use of non-fossil fuels, including ethanol, green hydrogen and biomass, was introduced in Rajya Sabha for passage on Thursday. : Economic Times

Oil bounces near Dec 2021 lows after Keystone pipeline shutdown

Singapore : Oil prices bounced on Friday as closure of a major Canada-to-US crude pipeline disrupted supplies, but prices remained near December 2021 lows on concerns over slowing global demand growth. : Economic Times

US hits prominent Turkish biz executive with Iranian oil sanctions

New Delhi : The Biden administration is imposing sanctions on a prominent Turkish businessman reportedly close to Turkey’s President Recep Tayyip Erdogan for violations of US restrictions on the sales of Iranian oil. : Business Standard

HC Dismisses Centre’s Plea Against Arbitrators in KG-D6 Cost Recovery Dispute

New Delhi : HC Dismisses Centre’s Plea Against Arbitrators in KG-D6 Cost Recovery Dispute. : latestly.com

Indonesia may start using B35 biodiesel from Jan 2023: energy ministry

Jakarta : Indonesia may start implementing a programme to use biodiesel with 35 per cent blend of palm oil-based fuel, known as B35, from January, 2023, a senior energy ministry official said on Friday. : Economic Times

Saudi Arabia gathers China’s Xi with Arab leaders in ‘new era’ of ties

Riyadh, Saudi Arabia : Chinese President Xi Jinping meets with Arab leaders on Friday at “milestone” summits hosted by Saudi Arabia in a show of strength by Crown Prince Mohammed bin Salman as an aspiring leader of the Middle East and key partner for global powers. : Economic Times

Union Budget: Govt seeks Parliament nod for net additional spending of Rs 3.25 lakh crore this fiscal

New Delhi : The government on Friday sought Parliament nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout. : Economic Times

Adar Poonawalla-backed homiHydrogen to set up 1.5-GW electrolyser manufacturing facility

New Delhi : homiHydrogen – a joint venture between h2e Power, BlueBasic AMA Engineering, and Greenstat Hydrogen India – on Friday said it will set up a electrolyser manufacturing facility having 1.5 gigawatt (GW) per annum capacity in India for domestic and export markets. : Economic Times

Dutch use less, import more gas as prices keep rising

New Delhi : Consumers and industries in the Netherlands scaled back their use of natural gas substantially between July and October, while the country’s gas imports went up 15 per cent, Statistics Netherlands (CBS) said. : Economic Times

Germany, Netherlands set out red lines on EU gas price cap

New Delhi : Six European Union countries, including Germany and the Netherlands, have warned that they cannot accept other member states’ attempts to lower further the level at which the bloc will cap gas prices, according to an email seen by Reuters. : Economic Times

Australia to cap prices of coal, gas to drive down energy bills

Melbourne : Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the Ukraine conflict, Prime Minister Anthony Albanese said on Friday. : Economic Times

Rising gas prices constrain CNG penetration in commercial vehicles: Icra

New Delhi : Rising gas prices have constrained CNG penetration in commercial vehicles to 9-10 per cent in the current fiscal from peaks of 16 per cent, Icra Ratings said on Friday. A spurt in global energy prices has led to a 70 per cent jump in the price of CNG in the last one year. : Economic Times

Keystone pipeline shut after 14,000-barrel oil spill in Kansas

New Delhi : Canada’s TC Energy shut its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a creek in Kansas, making it one of the largest crude spills in the United States in nearly a decade. : Economic Times

Kremlin: gas union with Uzbekistan not about political conditions

New Delhi : The Kremlin said on Thursday that a proposed gas union including Uzbekistan did not involve imposing “political terms” on the Central Asian nation. : Economic Times

Shell, Exxon face delays in exiting California oilfield

New Delhi : The sale of a Shell Plc and Exxon Mobil Corp oil-production joint venture in California has been pushed back to the first quarter of next year for US regulatory approvals, the companies said on Thursday. : Economic Times

India’s G-20 presidency and its energy commitment: A perspective

New Delhi : With India assuming the G-20 presidency from 1 December 2022, it is a crucial opportunity for India for showcasing on the platform its commitment towards the numerous international pledges that it has taken in various fora. : Economic Times

LPG connections up to 32.5 crore, says Union minister Puri

New Delhi : Number of LPG connections increased from 14 crore in 2014 to 32.5 crore this year. Of these, 9.6 crore connections were provided under Pradhan Mantri Ujjwala Yojana (PMUY), Union Minister Hardeep Singh Puri told the Lok Sabha on Thursday. : Economic Times

Indian CV industry sees contraction in penetration of CNG-powered vehicles: Icra

New Delhi : The Indian commercial vehicle (CV) industry has witnessed a contraction in the penetration of compressed natural gas or CNG-driven vehicles in the current fiscal year, after witnessing a spike in the previous year, Icra Ratings said in a report on Friday. : Mint

Oil bounces on pipeline shutdown but heads for weekly loss on demand woes

New Delhi : Oil prices bounced higher on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth. : Business Standard

Green Hydrogen Project Worth $4 Billion to Come Up in Texas

New Delhi : Green Hydrogen Project Worth $4 Billion to Come Up in Texas. : mercomindia.com

Sarkaritel
By Sarkaritel December 9, 2022 20:22